Mauritius holds election with cost of living on everyone’s minds
By Villen Anganan PORT LOUIS (Reuters) – Mauritius holds a parliamentary election on Sunday with incumbent Prime Minister Pravind Kumar Jugnauth and his main rivals all promising to tackle a cost of living crisis in the Indian Ocean archipelago. The…
M&A deal activity has accelerated in 2024
Investing.com — Merger and acquisition (M&A) activity in 2024 has surged after a prolonged slump, marking a substantial recovery following a period of low momentum in 2022 and 2023. Analysts at Wells Fargo (NYSE:WFC) report that both the value and…
UMG says Pershing does not have right to require Amsterdam delisting
(Reuters) -Universal Music Group (UMG (AS:UMG)) said on Saturday that billionaire Bill Ackman’s Pershing Square has no right to require the record label to become a U.S.-domiciled company or delist from Euronext (EPA:ENX) Amsterdam. Ackman had said in a post…
Exclusive-US ordered TSMC to halt shipments to China of chips used in AI applications, source says
By Karen Freifeld and Fanny Potkin NEW YORK/SINGAPORE (Reuters) – The U.S. ordered Taiwan Semiconductor Manufacturing Co to halt shipments of advanced chips to Chinese customers that are often used in artificial intelligence applications starting Monday (NASDAQ:MNDY), according to a…
Sweden picks Embraer’s C-390 as new military cargo aircraft
RIO DE JANEIRO (Reuters) – Sweden has selected Embraer’s C-390 Millennium as the country’s new military cargo aircraft, the Brazilian planemaker said on Saturday. The deal marks the first purchase of the C-390 by a country in northern Europe, Embraer…
Trump 2.0 and the impact on European gas market
Investing.com — As Europe heads into winter 2024-25, analysts at Bernstein note that the natural gas market is showing signs of tightening, driven by multiple supply and demand pressures and further compounded by the potential impact of a second Trump presidency. …